Balance Sheet Years 1-3
Prepared By: Company Name:
Sam Miller Aviator Inc
ASSETS 44044 44045 44046
Current Assets      
Cash             256,609,642                 530,547,949                 815,514,218
Accounts Receivable               88,184,000                   97,002,400                 106,702,640
Inventory               54,000,000                   54,000,000                   54,000,000
Prepaid Expenses               31,333,333                   15,666,667                                    -
Other Initial Costs                 8,333,333                     4,166,667                                    -
Total Current Assets  $      438,460,308  $          701,383,682  $          976,216,858
       
Fixed Assets      
Real Estate -- Land               20,000,000                   20,000,000                   20,000,000
Real Estate -- Buildings               43,000,000                   43,000,000                   43,000,000
Leasehold Improvements               12,000,000                   12,000,000                   12,000,000
Equipment               18,000,000                   18,000,000                   18,000,000
Furniture and Fixtures                 5,000,000                     5,000,000                     5,000,000
Vehicles               22,000,000                   22,000,000                   22,000,000
Other                  3,500,000                     3,500,000                     3,500,000
Total Fixed Assets  $      123,500,000  $          123,500,000  $          123,500,000
(Less Accumulated Depreciation)  $           12,535,714  $               25,071,429  $               37,607,143
Total Assets  $         549,424,593  $             799,812,253  $          1,062,109,715
       
LIABILITIES & EQUITY      
Liabilities      
Accounts Payable               50,104,545                   55,115,000                   60,626,500
Commercial Loan Balance                                -                                    -                                    -
Commercial Mortgage Balance                                -                                    -                                    -
Credit Card Debt Balance                                -                                    -                                    -
Vehicle Loans Balance                                -                                    -                                    -
Other Bank Debt Balance                                -                                    -                                    -
Line of Credit Balance                                -                                    -                                    -
Total  Liabilities  $        50,104,545  $            55,115,000  $            60,626,500
Equity      
Common Stock             259,000,000                 259,000,000                 259,000,000
Retained Earnings             240,320,048                 509,158,218                 808,881,860
Dividends Dispersed/Owners Draw                                -                   23,460,964                   66,398,645
Total Equity  $      499,320,048  $          744,697,254  $      1,001,483,215
Total Liabilities and Equity  $         549,424,593  $             799,812,253  $          1,062,109,715
       
Balance sheet in or out of balance?  $                           -  $                               -  $                               -
Balanced! Balanced! Balanced!